What is postal money order, and where do I get it, and do I need a bank account to use it?

Question

I'm new to this thing and still a student, so I'm not sure that I need to have a bank account to use postal money order.

Answer 1

You go to the post office with cash and request a money order for the amount you need.  That is a postal money order, no bank account required.

People prefer the postal money orders as the post office cashes them out on the spot and if it is a fake the post office will tell them right then and there.

Answer 2

You can buy a postal money order at any post office. You can cash a postal money order at most post office branches.  First thing in the morning there might not be enough cash on hand if it's for a large amount, and small offices might not do enough business in a day to cash a large one.  Banks will accept them for deposit and give you cash up to what is currently in your account, like with a check.